Working Capital Term Loan

Fulfill your short-term financial needs flexibly with our working capital term loan financing solution

RBI Registered

RBI Registered NBFC

Check Your Loan Eligibility in Just 2 minutes!

Attractive interest rates
Attractive interest rates
Unsecured upto 5 Crs
Unsecured upto 5 Crs
Approval within 48 hrs
Approval within 48 hrs

Eligibility & Required Documents

Apply with minimal documentation

Eligibility

Minimum turnover
Minimum turnover ₹3 crores
Business vintage
Business vintage 3+ years

Required Documents

details
KYC details
Last
Last 6 months of banking
Financials for previous
Financials for previous 2 fiscal years
for current fiscal year
GSTR details for current fiscal year

Our Terms

Interest Rates
Starts from 12% per annum
Processing Fees
Starts from 1% per annum
Penal Interest
Starts from 2% per month + Applicable Tax
EMI & Check Bounce Charges
500 + Applicable Tax

Working Capital Term Loan Benefits

Unsecured credit line

Unsecured credit line

The working capital term loan does not require land, property, bank guarantee or any other business collateral

Paperless

Paperless

Complete the entire application procedure and disbursal process online in a few clicks

Interest as per usage

Interest as per usage

The interest would be charged only for the exact amount and duration of use

Instant disbursement

Instant disbursement

Get disbursement as soon as you submit invoices

Better payment cycles

Better payment cycles

Improve your cash flow with advance supplier payments

How does Working Capital Term Loan Work?

Our New App is Live!
Fuel Your Business Dreams with OXYZO
+91
Scan to get App
title
title
title

Enhanced Security Features

title

Hassle-free Loan Applications

title

Simplified Documentation Process

title

Get Disbursals on the Fly

title

Ledger on Your Fingertips

title

Enhanced Security Features

How to Apply for Credit

Step-by-step online process to apply
for Financing

1

Check Eligibility

Check your loan eligibility

2

Submit Application

Complete a 100% online application form

3

Get Sanctioned

We will evaluate your application and propose a fair sanction

4

Receive Funds

Get disbursements within 2 days of sanction

Why Oxyzo?

Oxyzo provides new-age customized financing
products for your business needs

Collateral-free line of credit

Collateral-free line of credit

Approval within 48 hours

Approval within 48 hours

One-time processing fee only

One-time processing fee only

No new bank Account required

No new bank Account required

No pre-closure charges

No pre-closure charges

No minimum utilization charges

No minimum utilization charges

Best interest rate in the industry

Best interest rate in the industry

Flexible repayment options

Flexible repayment options

100% digitized process

100% digitized process

Know about Working Capital Term Loan

Working capital term loan is a definite upgrade to the overdraft facility, combining the advantages of term loans and overdrafts. A Working Capital Term Loan is a short-term finance that allows a borrower to withdraw funds from Oxyzo up to a predetermined limit,however, the actual withdrawal limit reduces from the sanctioned amount as per drop frequency. Working Capital Term Loan helps SMEs meet their working capital needs and aids in the growth of their business.
Oxyzo, the SME-centric RBI registered NBFC, offers the smart business financing solutions, such as Working Capital Term Loan, to its clients that are completely digitized and hassle-free with no hidden charges.

Frequently Asked Questions

What are the benefits of working capital term loan ?
It is a reducing exposure and a collateral-free financial tool which can be availed by SMEs to meet the short term financial requirements and bridge the working capital gap in their business.
How is the interest rate charged on the working capital term loan facility ?
The interest rate is charged on a pro-rata basis on the amount that is withdrawn, not on the actual limit that is sanctioned.
What is the difference between a bank overdraft and a working capital term loan ?
Unlike the overdraft facility, the actual withdrawal limit reduces from the sanctioned amount in a preset drop frequency when an SME avails a working capital term loan facility.
Does Oxyzo provide unsecured working capital term loan ?
Yes. Oxyzo provides both unsecured and secured working capital term loan facility.
Is there any yearly fee for a working capital term loan ?
No, there is only a one-time processing fee charged.
HomeAll ProductWorking Capital Term Loan
  • Which Loan Product is Best For you? Say "Hi" for Help
  • Say "Hi" to Know Expected ROI and Tenure
  • Instant Credit Application: Say "Hi" to Apply
WhatsApp Us